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20121006
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KCSMMHZ
Oct 4, 2012 6:00am PDT
of the november vote. for both candidates, risks are high. >> president obama and governor romney. [ applause ] >> reporter: americans got their first chance to size up the candidates side by side. they've watched the incumbent for four years. barack obama came into office promising to lead a turnaround. but economy growth has been sluggish. still, he leads in a number of polls, but only just. >> the only way to meet governor romney's pledge of not reducing the deficit, or not adding to the deficit, is by burdening middle-class families. now, that's not my analysis. >> reporter: mitt romney has tried to make the case that his business experience prepares him to lead a recovery. but his support slipped after he was caught on video making dismissive remarks about almost half the american electorate. he said his job is not to worry about the 47% of them who pay no income taxes and are dependent on government. so romney went on the offensive. >> the president has a view very similar to the view he had when he ran four years ago, that a bigger government, spending more, taxing more, regulating mor
KCSMMHZ
Oct 4, 2012 2:30pm PDT
of wall street? because if you do, then governor romney is your candidate. >> romney has been trailing obama in the polls. it remains to be seen whether his debate performance will change the presidential race. >> the european central bank is keeping interest rates at an historic low of 0.75%, resisting pressure for cuts to boost the ailing eurozone economy. the ecb president, mario draghi, said the bank is ready to help buy eurozone bonds to help troubled eurozone member countries. how did the markets react to the latest developments? our correspondent sent us this report from the frankfurt stock exchange. >> inflation has spiked. it is a surprising development. one that has probably prevented the ecb from lowering rates in the eurozone in this month of october. what is more, mario draghi, the president of the ecb, does not expect inflation to come down significantly until next year. still, though the economy is in recession, perhaps rate cut are still a possibility in the eurozone. nonetheless, the situation irritated the markets. the stock market was not able to do much. it did stre
Search Results 0 to 1 of about 2